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Sanofi : Sanofi Files for Hart-Scott-Rodino Notification Regarding Proposed Acquisition of Medivation

Files for Hart-Scott-Rodino Notification Regarding Proposed Acquisition of

- Reiterates Commitment to Consummating Transaction -

Paris, France - May 12, 2016 -
Sanofi today announced that it has filed for premerger notification under the
Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR) with the U.S.
Department of Justice Antitrust Division and the Federal Trade Commission
regarding its intention to acquire Medivation, Inc. (NASDAQ: MDVN). As
announced on April 28, 2016, Sanofi proposed to acquire Medivation for $52.50
per share, representing an all-cash transaction valued at approximately $9.3

About Sanofi

Sanofi, a global healthcare leader, discovers, develops and distributes
therapeutic solutions focused on patients' needs. Sanofi is organized into
five global business units: Diabetes and Cardiovascular, General Medicines
and Emerging Markets, Sanofi Genzyme, Sanofi Pasteur and Merial. Sanofi is
listed in Paris (EURONEXT:SAN) and in New York (NYSE:SNY).

Sanofi Forward-Looking Statements
This press release contains forward-looking statements as defined in the
Private Securities Litigation Reform Act of 1995, as amended. Forward-looking
statements are statements that are not historical facts. These statements
include projections and estimates and their underlying assumptions,
statements regarding plans, objectives, intentions and expectations with
respect to future financial results, events, operations, services, product
development and potential, and statements regarding future performance.
Forward-looking statements are generally identified by the words "expects",
"anticipates", "believes", "intends", "estimates", "plans" and variations of
these words or comparable words. Although Sanofi's management believes that
the expectations reflected in such forward-looking statements are reasonable,
investors are cautioned that forward-looking information and statements are
subject to various risks and uncertainties, many of which are difficult to
predict and generally beyond the control of Sanofi, that could cause actual
results and developments to differ materially from those expressed in, or
implied or projected by, the forward-looking information and statements.
These risks and uncertainties include among other things, risks that Sanofi
will ultimately not pursue a transaction with Medivation or Medivation will
reject engaging in any transaction with Sanofi; if a transaction is
negotiated between Sanofi and Medivation, risks related to Sanofi's ability
to complete the acquisition on the proposed terms; the possibility that
competing offers will be made; other risks associated with executing business
combination transactions, such as the risk that the businesses will not be
integrated successfully, that such integration may be more difficult,
time-consuming or costly than expected or that the expected benefits of the
acquisition will not be realized; risks related to future opportunities and
plans for the combined company, including uncertainty of the expected
financial performance and results of the combined company following
completion of the proposed acquisition; disruption from the proposed
acquisition, making it more difficult to conduct business as usual or
maintain relationships with customers, employees or suppliers; and the
possibility that if the combined company does not achieve the perceived
benefits of the proposed acquisition as rapidly or to the extent anticipated
by financial analysts or investors, the market price of Sanofi's shares could
decline, as well as other risks related Sanofi's and Medivation's respective
businesses, including the ability to grow sales and revenues from existing
products; competition, including potential generic competition; the ability
to protect intellectual property and defend patents; regulatory obligations
and oversight, the uncertainties inherent in research and development, future
clinical data and analysis, including post marketing, decisions by regulatory
authorities, such as the FDA or the EMA, regarding whether and when to
approve any drug, device or biological application that may be filed for any
such product candidates as well as their decisions regarding labelling and
other matters that could affect the availability or commercial potential of
such product candidates, the absence of guarantee that the product candidates
if approved will be commercially successful, the future approval and
commercial success of therapeutic alternatives, the Group's ability to
benefit from external growth opportunities, trends in exchange rates and
prevailing interest rates, the impact of cost containment initiatives and
subsequent changes thereto, the average number of shares outstanding as well
as those discussed or identified in the public filings with the SEC and the
AMF made by Sanofi, including those listed under "Risk Factors" and
"Cautionary Statement Regarding Forward-Looking Statements" in Sanofi's
annual report on Form 20-F for the year ended December 31, 2015. Other than
as required by applicable law, Sanofi does not undertake any obligation to
update or revise any forward-looking information or statements.

Additional Information
This communication does not constitute an offer to buy or solicitation of an
offer to sell any securities. No tender offer for the shares of Medivation
("Medivation") has commenced at this time. In connection with the proposed
transaction Sanofi ("Sanofi") may file tender offer documents, consent
solicitation documents with a WHITE consent card or other documents with the
U.S. Securities and Exchange Commission ("SEC"). This communication is not a
substitute for any tender offer document, consent solicitation document or
other document Sanofi may file with the SEC in connection with the proposed
transaction. Any definitive tender offer document or consent solicitation
document will be mailed to stockholders of Medivation. INVESTORS AND SECURITY
Investors and security holders will be able to obtain free copies of these
documents (if and when available) and other documents filed with the SEC by
Sanofi through the web site maintained by the SEC at

Certain Information Regarding Participants
Sanofi and certain of its directors and senior management may be deemed
participants in the solicitation of consents in connection with the proposed
transaction. Information regarding the special interests of these directors
and executive officers in the proposed transaction will be included in the
consent solicitation documents referenced above. Additional information
regarding the directors and senior management of Sanofi is also included in
Sanofi's annual report on Form 20-F for the year ended December 31, 2015,
which was filed with the SEC on March 4, 2016. This document is available
free of charge at the SEC's web site

| Media Relations Investor Relations |
| |
|Jack Cox and Laurence Bollack Sébastien Martel |
|Tel. : +33 (0)1 53 77 46 46 Tel.: +33 (0)1 53 77 45 45 |
| George Grofik |
| Tel.: + 1 908-981-5560 |
| |
Press release (PDF)


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Sanofi via Globenewswire


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